
TRUMP UNVEILS “GOLD CARD” VISA: A $5 MILLION TICKET TO THE AMERICAN DREAM
In a bold move, US President Donald Trump has introduced a new immigration initiative that’s sure to spark controversy. The “gold card” visa, priced at a whopping $5 million, promises permanent US residency and a pathway to citizenship for affluent foreign investors.
.
.A NEW ERA FOR IMMIGRATION: THE “GOLD CARD” PROGRAM EXPLAINED
The “gold card” program is set to replace the existing EB-5 Immigrant Investor Program, which has been in place since 1990. According to Trump, the new program will attract successful individuals who will contribute significantly to the US economy. “Wealthy people will be coming into our country by buying this card,” he stated. “They’ll be spending a lot of money, paying a lot of taxes, and employing a lot of people.”
.
STREAMLINING THE PROCESS: A FASTER TRACK TO CITIZENSHIP
Commerce Secretary Howard Lutnick praised the “gold card” program, saying it will eliminate existing inefficiencies and raise the investment threshold. “The president said, rather than having this sort of ridiculous EB-5 program, we’re going to end the EB-5 program. We’re going to replace it with the Trump gold card,” Lutnick explained.
.
A PATHWAY TO CITIZENSHIP FOR THE AFFLUENT
The “gold card” program has sparked debate, with some questioning the eligibility of individuals like Russian oligarchs. Trump acknowledged the possibility, stating, “Yeah, possibly. Hey … .”
.
THE PRICE OF THE AMERICAN DREAM: IS $5 MILLION TOO STEEP?
As the “gold card” program prepares to launch, many are left wondering if the price tag is too high. Will this new initiative attract the kind of investment and talent the US needs, or will it create a new class of elite immigrants? Only time will tell.